Why did the amount of monthly interest I owe increase?

Mosaic disburses your loan directly to your installer in disbursements throughout the solar installation process. Interest is only assessed on the funds that have been disbursed, not the total loan amount. As a result, you may notice that the amount of interest that you owe increases as we disburse more funds to your installer. This protects you from paying interest on money that has not yet been disbursed to your installer.

The information contained herein does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Buying or selling securities from Solar Mosaic, Inc. or its affiliates can only be made by offering memorandum and related definitive agreements, which will be provided to qualified investors on a confidential basis at their request for their consideration in connection with such offering. Investment will involve significant risks, including loss of principal, and investment products will have limited liquidity options. None of the information contained in this document is a recommendation for investment in any securities.

Mosaic services do not constitute crowd funding as described in Title III of the Jumpstart Our Business Startups Act (JOBS Act).